Lake Orion is a very small village located in the state of Michigan. With a population of 2,876 people and 11 constituent neighborhoods, Lake Orion is the 282nd largest community in Michigan.
Lake Orion real estate is some of the most expensive in Michigan, although Lake Orion house values don't compare to the most expensive real estate in the U.S.
Unlike some villages where white-collar or blue-collar occupations dominate the local economy, Lake Orion is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Lake Orion is a village of professionals, managers, and sales and office workers. There are especially a lot of people living in Lake Orion who work in management occupations (15.26%), office and administrative support (10.80%), and business and financial occupations (7.98%).
Also of interest is that Lake Orion has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Lake Orion telecommute to their jobs. Overall, about 7.41% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In addition, Lake Orion is home to many people who could be described as "urban sophisticates". Urban sophisticates are people who are both educated and wealthy, and thus tend to be older, richer, and more established than young professionals. "Urban sophisticates" is not just about being educated and well-off financially: it is a point of view and state of mind, one that you might call 'urbaneness'. But such people can and do regularly live in small towns, suburbs and rural areas, as well as in big cities. They read, support the arts and high-end shops, and love travel.
Because of many things, Lake Orion is a great place for families with children to consider. First of all, many other families with children live here, making Lake Orion a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Lake Orion has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Lake Orion’s overall crime rate is lower than average for the country.
One downside of living in Lake Orion is that it can take a long time to commute to work. In Lake Orion, the average commute to work is 31.61 minutes, which is quite a bit higher than the national average.
Lake Orion is a small village, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Lake Orion is one of the most well-educated cities in the nation. 44.18% of adults in Lake Orion have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Lake Orion in 2018 was $50,440, which is wealthy relative to Michigan and the nation. This equates to an annual income of $201,760 for a family of four. However, Lake Orion contains both very wealthy and poor people as well.
The people who call Lake Orion home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Lake Orion residents report their race to be White, followed by Asian. Important ancestries of people in Lake Orion include German, Irish, Polish, Italian, and Scottish.
The most common language spoken in Lake Orion is English. Other important languages spoken here include Polish and Spanish.